Tuesday, February 21, 2012

HBO Quits Selling to Netflix

Back in January, HBO quit selling discounted DVDs of its hit series and films to Netflix. A Netflix spokesperson at the time said that the company would continue providing HBO content, as Netflix simply has to buy the discs elsewhere. However, the notice was apparently meant more as a snub than anything.

As streaming media continues to surge in popularity, the cable industry is threatened. None so much as the premium channels that cost extra, as noted in earlier posts on this topic. Netflix has seen continued opposition from several companies, including HBO, over the course of its history, and has weathered them all.

What makes this especially interesting is that Netflix is beginning to offer more original content. Again, this is specifically bothersome for pay cable channels. Netflix streaming costs less than $10.00 per month, without a basic cable subscription.